New York Public Radio and station WNYC are undergoing a reduction in force that will eliminate 12% of its workforce.
According to a report from The New York Times, the company has about 340 full-time employees, with the reduction affecting staffers next week.
A “free fall in the advertising market” has led to the decision according to New York Public Radio President/CEO LaFontaine Oliver.
“I know this news is hard to hear, and knowing macroeconomic factors have led to this moment doesn’t soften the blow when national trends land on your own doorstep,” Oliver said in a memo to employees.
The decision to begin staff reductions for the outlet comes on the heels of similar decisions made by NPR as a whole. Earlier this year, the national outlet eliminated more than 100 jobs and ended four podcasts. That came after a long hiring freeze was decided upon.
Oliver did not specify which areas of New York Public Radio will be specifically targeted for reductions, only noting that the organization would preserve its news/talk journalism and classic music efforts.